Print this page as a checklist for opening an account.
Complete the Broker Electronic Application
You will be asked to establish a Username and Password at the beginning
of the process so that all the information you enter will remain secure.
Submit financial, disciplinary and identification documentation
U.S. regulators require that IB receive and review certain financial,
disciplinary and identification documents from its brokers before approving
the account. These documents will be requested through the electronic
application system or by your IB sales representative. All documents should
be forwarded to the addresses listed under Contact Us/Document Submission Information on the IB website.
Fund Your Account
Send a check (with your deposit instruction form, or your account number
written on the check) or wire (call or visit your bank to initiate) as
specified in your deposit
instructions to IB to cover trading in master account, fees and client
account transfers. Electronic Funds Transfer (ACH), Broker-to-Broker Transfer
(ACAT), and IB Internal Transfer will automatically transfer. If we do
not receive your funds in 45 days from approval the account will be closed.
We require $10,000 or the USD equivalent that will be applied towards
your first five months of commissions.
We will begin the review of your application once all application requirements
have been completed and forwarded to IB. Your application is complete
once there are no outstanding application tasks in the Login drop-down
list under Finish Application. Sometimes after you have completed the
application we require additional steps. You will be notified by email
and within Login/Complete Application if this is the case.
Application Review Results
We will review your application and notify you of the result. If you will
be introducing securities trades, IB is required to submit your application
to the New York Stock Exchange for approval. This process generally takes
If we have received your funds you may begin to trade in the master account.
Funds received by 16:00 ET are available for trading the next business
day under normal business circumstances. The latest status of your deposit
or transfer may be found under Funds Status inLogin/Account
Open Client Accounts
Fully Disclosed. You will be given
a special web link for your customers to open accounts
electronically. It is important that your clients use
this link, and not the normal website IB registration
system, in order to properly link the account. You
may log into Account
Managementat any time to see the status of
your clients' application. You can also create client account templates in Account
Management to save and re-use application information for new client accounts.
Non-Disclosed. Go to Add Client under Login/Account
Management to configure your individual
client accounts. You will not be asked for any
information which will expose your client's identity.
It is your responsibility to ensure that your clients
meet legal and regulatory registration requirements,
and that you carefully review each client application.
Omnibus. You do not need to open client accounts.
Fully Disclosed. Funding is part of the
application process and your client will be required to
Instructions and remit their funds directly to IB.
The client should send a check (with their deposit instruction
form, or their account number written on the check) or
wire (call or visit their bank to initiate) as specified
in their Deposit
Instructions to IB. Electronic Funds Transfer (ACH),
Broker-to-Broker Transfer (ACAT), and IB Internal Transfers
will automatically transfer. If we do not receive your
client funds in 45 days from approval the account will
Non-Disclosed. Funding for client accounts
is accomplished by depositing funds into the Master
account and then transferring funds to the client accounts. Deposits to
the master account, and transfers to the client accounts
may be accomplished through Account
Omnibus. No funding required.
Client Application Review Results
Fully Disclosed. Your client and
you will be notified under Login/Account
Management of the results of the review. To
login the client will use the username/password given
during their application process, and you will use
your Rep username/password.
Non-Disclosed/Omnibus. IB does not review Non-Disclosed
or Omnibus client applications.
If we have received funds for your client, they may begin to trade. Funds
received by 16:00 ET are available for trading the next business
day under normal business circumstances. The latest status of your
client's deposit may be found under Funds Status inLogin/Account
Management. Either your User Reps or your client may log in to see this status.